IBM, Boring But Can You Make Money?

17 0 1
There's a number of reasons to buy into IBM             long-term, including great leadership, and strong revenues. I however trade in two-three week blocks, so my analysis will be brief and cover my short-term outlook.

The MACD has crossed, and the histogram has reversed. This is universally considered a buy indicator, but I would still watch it carefully. Low beta stocks like IBM             sometimes have issues driving volume to confirm the MACD .

Accumulation is starting to rise. This more likely then not indicates that the selling pressure is starting to give, but there is some risk until it clears the August 11, 2014 accumulation with a decent buffer.

Pricing looks like it has returned, and if it breaks the 190 range I would suspect it's relatively clear to head back to 196. Watch for rejection at the 190, 191, and 192 levels. While they aren't significant technical levels, they are significant psychologically. Good luck to everyone!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out